Completion of acquisition of OTB Eveling LLP

RNS Number : 5434I

Knights Group Holdings PLC

14 December 2020

 

Knights Group Holdings plc

("Knights", the "Company" or the "Group")

Acquisition of OTB Eveling LLP

Knights, one of the UK's fastest growing legal and professional services businesses, is pleased to confirm that the acquisition of OTB Eveling LLP ("OTB Eveling") has now completed, in line with the timeframe announced in the acquisition announcement of 24 November 2020. Accordingly a total of 164,336 new ordinary shares of 0.2 pence each have been issued to the vendors of OTB Eveling to satisfy the share-based consideration on the acquisition.

Application has been made for the admission to trading on AIM of these  164,336   shares which is expected to occur on 15 December 2020. Following admission, Knights will have 82,297,033 shares in issue. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interests in, the Company under the FCA's Disclosure and Transparency Rules

Enquiries 

Knights
David Beech, CEO	via MHP Communications
Numis (Nominated Adviser and Broker)
Stuart Skinner, Kevin Cruickshank	[phone]
MHP Communications (Media enquiries)
Andrew Jaques, Katie Hunt, Rachel Mann	[phone] [e-mail]

 

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